Wall Street is really pushing the envelope on high performance computing and programming. It's hard to not be impressed by the hardware and performance.
It is also hard not to be impressed by an A-bomb. Do I have to stop worrying and love it?
It's only terrifying if you are some kind of luddite.
Everything is getting faster, with greater degree of computer involvement.
HFT is not wrong because it uses computers, HTC is wrong because the algos react only to change in prices and have no input whatsoever on the actual value of the enterprise behind the stocks. That is: the HTC reaction is based on the ones perception on the perception of the others - it is tolerable for low levels of "second hand perceptors" but... when the level of them is high, the risk of "computerized market panic" increases dramatically.
“To err is human, but to really foul things up you need a computer.”
(Paul Ehrlich)
“A computer lets you make more mistakes faster than any invention in human history–with the possible exceptions of handguns and tequila.”
(Mitch Radcliffe)
In other words: in HFT, the wrong is not the use of computers, but how you use them.
Use those weapons you're so proud of. That is until the government comes and takes it all away.
Enjoy your prison, citizens.
USA worse than third world banana republics. Mission accomplished.
Oh Well, still beats Europe.
Let me quote you something
The past performance is not a guarantee of future returns
I've been thinking it for a long time. Microsoft NEEDS to make their own hardware. They NEED the bubbled off environment that lets them make a good product. They NEED to stop trying to build for the lowest common denominator. Apple has been doing this for a long while now.
Maybe they NEED to do it... but I bet they won't succeed (Apples success is not an indicator for MS chances).
Second: don't tell me the shitload of "security updates" MS OS-es needed in the past was caused by the diversity of the hardware they were supporting (I don't know how many updates are needed nowadays, the last Windows OS I used was XP).
MS isn't going to hurt the industry as a whole, only the OEMs since it wont reduce sales, just shift them. There's not a lot the OEMs can do about it, they need MS and MS don't need them.
MS can treat the OEMs however they like and they will still keep lapping up whatever scraps they are fed because they have no choice now.
I think you underestimate the importance the IBM-PC clones has had on MS Window dominance (and on the ascent of the Open Source as well).
MS reaction (why am I not surprised?) is "me too", trying to walk Apple's way, but without the perception of "cool, trendy, fashionable" Apple has - so MS has something to lose by reducing the impact surface on its market, especially if it walks in the "hardware exclusivity" area (look how well XBox does - with "unexpected losses" April this year).
On the other side, the OEM-s are likely to consider more seriously other alternatives, e.g. android tablets, low cost all-in-one Android based PC-es, lowish//medium price desktop linux boxen, etc. Won't necessarily be easier for them, but they do have alternatives.
One on top of the other, I bet MS will be the one that's going to be hurt the most.
"Sure, more e-books are bought, but how many of those are read?"
You mean people put them on imaginary shelves so that it looks pretty?
Reading is sort of the point with e-books, their value as status symbols is nil, you can't impress people like with leather bound volumes, bought by the yard to decorate your condo.
You can't use them as paper weights nor use them to flatten dried flowers, you can't use them as door stoppers, you can't level old tables with them, you can't hide cash in them nor hollow them out to hide your stash.
I pasted a link below with other stuff you can't do with ebooks.
Funnily enough, as an Aussie I actually don't know anyone that likes VB.
(I do... can't fault him for it and I do like that person... but doesn't mean I like VB)
As for your main point, it's not so much an unrealistic expectation of responsibility of the company to appease the consumer. What I was trying to get at was that marketing people and the companies that employ them need to be far more cynical and cautionary about social media....
How can marketing people not get that when their whole job is reading people?
I don't imagine C&UB jumping on FB without a recommendation from a marketing company, thus I assume a 3rd party. Now, from the perspective of the 3rd party: it's hard to be cool headed when being so affects your bottom line - I mean, if some won't recommend it, there will be others that will promise the moon in the sky to their customer (C&UB) and grab some of their money... and move ahead to another customer.
The above does mean that I can see some reason for them doing it and does not mean that I approve them for doing it. But... hey... I can't expect everybody to be an engineer (thus thinking of the long term consequences rather than acting opportunistically) as I can't expect everybody to hate VB.
You simply can no longer have two-way conversations with your customers.
You simply can no longer have public two-way conversations with your customers.
You simply can not have public two-way conversations with your customers (i.e. it's not that they have gotten worse, it's just that they haven't been this public before).
"You simply cannot" would be just enough.
At least that's what ASB and other such govts agencies tell us everyday.
With it being pretty insane to label public comment on an "open" forum advertising
Hmmm.... yes, the C&UB opened their FB page just for the purpose of, you know, social networking... I guess they were feeling lonely and bored and decided to make some friends and have a way to show their mothers how the grandchildren grow.
'You simply can no longer have two-way conversations with your customers.'"
Idiot bogans aside, the truth of it really is that these companies don't like what the customer on the other end of the conversation is now able to say to them.
There's some justice in what you're saying... they should work harder and make the customers so happy that nobody would even dream of posting derogatory comments. Until then, they must be held responsible. Is that your point?
<old man rant>
When Slashdot didn't cover the smart phone wars and we conversed open source and linux, then did a healthy microsoft bashing for good measure. I miss those days.
Well, Balmer's to blame... no fun in bashing microsoft any more.
A private, for-profit company would never invest in such things
Oh, boy, aren't you naive. Companies will do anything for money. A big company is not much different from a big government - both have great power and a great urge to abuse that power. Search for Room 641A.
Whaaat? But of course they are diferent... in terms of the efficiency they can screw you... the big companies will do it faster, with a lower cost and potentially at a larger scale. Why, you only need to look on how US rednecks defaulting on their loans make all world's retirement funds worth nothing: even if they'd try the hardest they could, the US govt would have taken decades for the same outcome.
IF the OS and patches on these is open source, AND the users are in control of installing these items and updates, AND the source is kept on a public repository, then there is a chance it could be legit.
At this point, the entire DNS system should be scrapped and start over from scratch. But that won't happen for years and years. Eventually though, it'll have to happen... when it does, I hope they pick one organizational scheme and stick to it.
for anyone that may need an explanation - does anyone? - either the code is necessary (and, thus, won't be thrown into a pile, but carefully and continuously polished and made as small as possible) or it's not - in this case, it's truly a liability.
Slashdot Mirror
Wall Street is really pushing the envelope on high performance computing and programming. It's hard to not be impressed by the hardware and performance.
It is also hard not to be impressed by an A-bomb. Do I have to stop worrying and love it?
The collapse was caused by a severe lack of deregulation, brought on by greedy assholes who didn't give a shit about anyone else but themselves.
Is it a typo or intentional? If intentional, do you care to explain how less regulation encourages "the greedy assholes to give a shit"?
It's only terrifying if you are some kind of luddite.
Everything is getting faster, with greater degree of computer involvement.
HFT is not wrong because it uses computers, HTC is wrong because the algos react only to change in prices and have no input whatsoever on the actual value of the enterprise behind the stocks. That is: the HTC reaction is based on the ones perception on the perception of the others - it is tolerable for low levels of "second hand perceptors" but... when the level of them is high, the risk of "computerized market panic" increases dramatically.
“To err is human, but to really foul things up you need a computer.”
(Paul Ehrlich)
“A computer lets you make more mistakes faster than any invention in human history–with the possible exceptions of handguns and tequila.”
(Mitch Radcliffe)
In other words: in HFT, the wrong is not the use of computers, but how you use them.
Use those weapons you're so proud of. That is until the government comes and takes it all away. Enjoy your prison, citizens. USA worse than third world banana republics. Mission accomplished.
Oh Well, still beats Europe.
Let me quote you something
The past performance is not a guarantee of future returns
I've been thinking it for a long time. Microsoft NEEDS to make their own hardware. They NEED the bubbled off environment that lets them make a good product. They NEED to stop trying to build for the lowest common denominator. Apple has been doing this for a long while now.
Maybe they NEED to do it... but I bet they won't succeed (Apples success is not an indicator for MS chances).
Second: don't tell me the shitload of "security updates" MS OS-es needed in the past was caused by the diversity of the hardware they were supporting (I don't know how many updates are needed nowadays, the last Windows OS I used was XP).
MS isn't going to hurt the industry as a whole, only the OEMs since it wont reduce sales, just shift them. There's not a lot the OEMs can do about it, they need MS and MS don't need them.
MS can treat the OEMs however they like and they will still keep lapping up whatever scraps they are fed because they have no choice now.
I think you underestimate the importance the IBM-PC clones has had on MS Window dominance (and on the ascent of the Open Source as well).
MS reaction (why am I not surprised?) is "me too", trying to walk Apple's way, but without the perception of "cool, trendy, fashionable" Apple has - so MS has something to lose by reducing the impact surface on its market, especially if it walks in the "hardware exclusivity" area (look how well XBox does - with "unexpected losses" April this year).
On the other side, the OEM-s are likely to consider more seriously other alternatives, e.g. android tablets, low cost all-in-one Android based PC-es, lowish//medium price desktop linux boxen, etc. Won't necessarily be easier for them, but they do have alternatives.
One on top of the other, I bet MS will be the one that's going to be hurt the most.
Bye-bye civil society keeping in check the govt... nice while it lasted, but it was naive to think it will last forever.
"Sure, more e-books are bought, but how many of those are read?"
You mean people put them on imaginary shelves so that it looks pretty?
Reading is sort of the point with e-books, their value as status symbols is nil, you can't impress people like with leather bound volumes, bought by the yard to decorate your condo. You can't use them as paper weights nor use them to flatten dried flowers, you can't use them as door stoppers, you can't level old tables with them, you can't hide cash in them nor hollow them out to hide your stash.
I pasted a link below with other stuff you can't do with ebooks.
http://www.neatorama.com/2011/04/27/cool-non-literary-uses-for-books/
You convinced me: unless I can print it, I'm not going to buy an ebook ever.
Stop trying to apply physical laws to information.
No exceptions admitted?
Why would anyone ever want to clone Windows?
One can't release viruses in open-source if they are based on non-documented API-es... it wouldn't be compliant with DMCA.
(grin)
Funnily enough, as an Aussie I actually don't know anyone that likes VB.
(I do... can't fault him for it and I do like that person... but doesn't mean I like VB)
As for your main point, it's not so much an unrealistic expectation of responsibility of the company to appease the consumer. What I was trying to get at was that marketing people and the companies that employ them need to be far more cynical and cautionary about social media....
How can marketing people not get that when their whole job is reading people?
I don't imagine C&UB jumping on FB without a recommendation from a marketing company, thus I assume a 3rd party. Now, from the perspective of the 3rd party: it's hard to be cool headed when being so affects your bottom line - I mean, if some won't recommend it, there will be others that will promise the moon in the sky to their customer (C&UB) and grab some of their money... and move ahead to another customer.
The above does mean that I can see some reason for them doing it and does not mean that I approve them for doing it. But... hey... I can't expect everybody to be an engineer (thus thinking of the long term consequences rather than acting opportunistically) as I can't expect everybody to hate VB.
1. Send fake tweet
2. Buy oil stocks after they go up
3. Sell them after they go down again
4. BUSTED!
FTFY
You simply can no longer have two-way conversations with your customers.
You simply can no longer have public two-way conversations with your customers.
You simply can not have public two-way conversations with your customers (i.e. it's not that they have gotten worse, it's just that they haven't been this public before).
"You simply cannot" would be just enough.
At least that's what ASB and other such govts agencies tell us everyday.
that Australia is still just a big dumb penal colony? (at least its "leaders". Getting as bad as the US)
No longer penal and no longer colony. Otherwise... spot on.
(ducks)
With it being pretty insane to label public comment on an "open" forum advertising
Hmmm.... yes, the C&UB opened their FB page just for the purpose of, you know, social networking... I guess they were feeling lonely and bored and decided to make some friends and have a way to show their mothers how the grandchildren grow.
'You simply can no longer have two-way conversations with your customers.'"
Idiot bogans aside, the truth of it really is that these companies don't like what the customer on the other end of the conversation is now able to say to them.
There's some justice in what you're saying... they should work harder and make the customers so happy that nobody would even dream of posting derogatory comments. Until then, they must be held responsible.
Is that your point?
(I don't like VB either)
<old man rant> When Slashdot didn't cover the smart phone wars and we conversed open source and linux, then did a healthy microsoft bashing for good measure. I miss those days.
Well, Balmer's to blame... no fun in bashing microsoft any more.
A private, for-profit company would never invest in such things
Oh, boy, aren't you naive. Companies will do anything for money. A big company is not much different from a big government - both have great power and a great urge to abuse that power. Search for Room 641A.
Whaaat? But of course they are diferent... in terms of the efficiency they can screw you... the big companies will do it faster, with a lower cost and potentially at a larger scale.
Why, you only need to look on how US rednecks defaulting on their loans make all world's retirement funds worth nothing: even if they'd try the hardest they could, the US govt would have taken decades for the same outcome.
You are right, but:
IF the OS and patches on these is open source, AND the users are in control of installing these items and updates, AND the source is kept on a public repository, then there is a chance it could be legit.
Didn't you forget the compiler?
I would be lots more impressed with this if parliaments could even design their code (laws) without bugs or loopholes.
Those aren't bugs, they are features.
a political party isn't a government...
go back to school.
Is the govt any better?
NSA will still know about you, though.
What do they want, a medal?
Nah, it's just... being for the benefit of Mr. Kite.
At this point, the entire DNS system should be scrapped and start over from scratch. But that won't happen for years and years. Eventually though, it'll have to happen... when it does, I hope they pick one organizational scheme and stick to it.
Maybe something that roots in .bit or .p2p?
Piles of code is never a good thing
FTFY.
for anyone that may need an explanation - does anyone? - either the code is necessary (and, thus, won't be thrown into a pile, but carefully and continuously polished and made as small as possible) or it's not - in this case, it's truly a liability.